Usual (USUAL) Gets Listed on KuCoin! World Premiere!
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our Spot trading platform. Usual (USUAL) will be available on KuCoin!
Please take note of the following schedule:
-
Deposits: Effective immediately. (Supported Network: ETH-ERC20 )
-
Trading: 11:00 on December 18, 2024 (UTC)
-
Withdrawals: 10:00 on December 19, 2024 (UTC)
-
Trading Pair: USUAL/USDT
-
Trading Bots: When Spot trading begins, USUAL/USDT will be available for Trading Bots. The available services include: Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.
What is Usual?
Usual is a decentralized Fiat Stablecoin issuer that redistributes ownership and governance through the $USUAL token.
USUAL is Usual’s native utility and governance token, which is used in the following functions:
-
Governance control: Provides token holders with the power to manage the protocol and influence key financial decisions.
-
Disinflationary issuance: Issuance of USUAL is tied to the TVL of staked USD0 (USD0++), creating scarcity as new TVL enters the system.
-
Revenue based model: USUAL issuance is aligned with future cash flows. The inflation rate of USUAL supply remains lower than the growth of revenue and treasury.
-
Staking rewards: By staking USUAL, holders activate governance rights and receive 10% of newly issued USUAL, incentivizing long-term behavior.
-
Gauge mechanism: Directs and optimizes liquidity distribution within the protocol.
-
Collateral management: Governance determines the collateral types and their respective weighting behind USD0, ensuring stability and flexibility.
-
Treasury management: Governance and mechanics will enable USUAL holders to manage the treasury efficiently and maximize the compounding effect.
Learn More About Usual:
Website: https://usual.money/
X (Twitter): https://x.com/usualmoney
Token Contract: ETH-ERC20
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Best regards,
The KuCoin Team
Find The Next Crypto Gem On KuCoin!
Join the KuCoin Global Communities >>>